The Old Bund (simplified Chinese: 老外滩; traditional Chinese: 老外灘; pinyin: Lǎo Wàitān; Ningboese: lau2 nga3thae1), also known as the North Riverbank (Chinese: 江北岸; pinyin: Jiāngběi'àn; Ningboese: kaon1pih4ngae1), is a waterfront area in Jiangbei District, Ningbo. The Old Bund is on the north bank of the Yong River. It was the site of the Port of Ningbo since 1840s till late 1990s. The North Riverbank was the result of Treaty of Nanking, and witnessed the initiation and development of Ningbo Commercial Group.